Ticker SBRY

Today's data summary

Market open
% change
Price Pence
As of 15:55 28 Sep 2020
Market cap. Pound sterling
4,419.49 million
As of 15:55 28 Sep 2020

Latest updates

Future of Argos distribution hub 'under review'

BBC Radio Stoke

The future of a huge Argos distribution centre next to the M6 is being reviewed as owners Sainsbury's looks to cut costs.

The Argos hub

The supermarket giant bought Argos and Habitat in 2016 and, since a merger with Asda was blocked last year, said in January it needed to spend several months "streamlining its structure".

Now, Sainsbury's said it is reviewing work at the Acton Gate hub near Stafford, subject to consultation, and looking at whether current staff can continue their roles from home or another site in the future.

Leicester supermarket shoppers can queue in car

PA Media

The Leicester North branch of Sainsbury's is trialling a virtual queuing system which will allow customers to wait their turn to enter the store from their car, a nearby cafe or home.

Customers will be able to join the line and monitor their position using a smartphone app, and will be notified when they reach the front.

This store is one of five nationwide to test the app from today.

Customers without smartphones can be added to the queue by staff.

Sainsbury's Leicester North

The supermarket chain said the initiative, which will run until mid-August, will also be piloted at the Uxbridge, Pimlico, Dome Roundabout in Watford, and Newham Royal Wharf stores.